“The Norwegian approach to the European Union offers a
genuine alternative to consider,” Lindsell writes in the
report.

“The Norwegian option retains all the trade advantages of EU
membership while offering avenues for increased prosperity
through trading around the world.

“It could function as an off-the-shelf, hiatus-free stepping
stone to more ambitious, but more trickily negotiated, EU
relationships,” he adds.

Lindsell also says the UK could still import skilled labor from
overseas, while being more flexible with its trading agreements –
including the adding of tariffs to products when necessary.

“It would allow Britain to continue to work with the EU in
co-operative bodies to fight terror, crime and disease. It shows
a strategy for fixing the difficulties of large-scale
immigration,” he writes.

“Clearest of all, it offers an array of methods for Britain
to contribute to legislation that might affect the country, avoid
rules that should not, and exercise full sovereignty through the
veto if matters come to a head,” he adds.